Oxford Capital Group LLC and Langham Hotels and Resorts said they will develop a luxury hotel in the IBM building in downtown Chicago, directly across the street from the luxury hotel Trump International Hotel & Tower Chicago.

The new hotel, to be called Langham Chicago Hotel, is expected to open in 2012 and will occupy floors 2 through 13. There will be around 330 guestrooms and suites ranging from 525 square feet to more than 2,000. Guestrooms will have floor-to-ceiling windows providing views of the Chicago River, Lake Michigan and the Chicago skyline. The Langham Chicago Hotel will also host a 5,000 square-foot ballroom, a 9,000 square-foot restaurant, wine room, indoor pool and fitness center.

To date the Langham is a well-established brand overseas with properties in Asia and Europe, but only two hotels in the United States (Boston and Pasadena). The addition of the new Chicago hotel marks Langham’s efforts to increase their luxury brand to U.S. travelers.